Identify a true statement about e-commerce.
A) Business-to-consumer selling companies have the larger share of profits arising from the total e-commerce sales.
B) E-commerce has completely eliminated the individualized buying experience.
C) Business-to-business selling companies comprise the vast majority of total e-commerce sales.
D) E-commerce excludes the sales of goods and services through websites or online portals.
Question 2
Although it lacks sources of timber and oil, Chablis has a plentiful supply of grapes for its many wineries. Which statement about Chablis is true?
A) It has a comparative advantage in wine production.
B) It has a comparative advantage in timber and oil production.
C) It has an absolute advantage in the production of wine.
D) It has an absolute advantage in timber and oil production.
E) It has no comparative or absolute advantages.
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A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
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Which is TRUE about the alternation of generations cycle that is diagramed above?
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